JXMNF (Jaxon Mining) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2023)

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What is Jaxon Mining LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Jaxon Mining's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

Jaxon Mining's long-term debt to total assets ratio declined from Oct. 2022 (0.00) to Oct. 2023 (0.00). It may suggest that Jaxon Mining is progressively becoming less dependent on debt to grow their business.

Jaxon Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jaxon Mining's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jaxon Mining LT-Debt-to-Total-Asset Chart

Jaxon Mining Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

LT-Debt-to-Total-Asset

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0.02

0.01

Jaxon Mining Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Jaxon Mining LT-Debt-to-Total-Asset Calculation

Jaxon Mining's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

LT Debt to Total Assets (A: Jan. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2023 )	/	Total Assets (A: Jan. 2023 )
	=	0	/	6.017
	=

Jaxon Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	0	/	5.34
	=

Jaxon Mining (OTCPK:JXMNF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Jaxon Mining LT-Debt-to-Total-Asset Related Terms

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Jaxon Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jaxon Mining Inc (OTCPK:JXMNF) » Definitions » LT-Debt-to-Total-Asset

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Address

750 West Pender Street, Suite 1105, Vancouver, BC, CAN, V6C 2T8

Website

https://www.jaxonmining.com

Jaxon Mining Inc is a Canadian-based exploration and development company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It holds interests in two projects including Red Springs(Hazelton) and Max/Knoll(Hazelton) among others.

Jaxon Mining Headlines

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Concerned Shareholders of Jaxon Mining, to Requisition an Annual General Meeting

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